A missing decimal cost a Guelph diner $34K. Here’s how to avoid costly clerical mistakes
A simple typo nearly sank Christos Kyriacou’s summer. Kyriacou, owner of Angel’s Diner in Guelph, Ont., went to pay his internet bill in May. Instead of sending the $341.26 he owed Bell, he missed the decimal point and wired $34,126. “Stupid me didn’t put the decimal,” he told CBC News. “Honest mistake, but a big […]
The man who sank Hudson’s Bay: Is one CEO to blame for Canada’s greatest retail collapse?
For 355 years, Hudson’s Bay Company was more than just a business. It was a living thread in the fabric of Canadian identity. But in July 2025, that thread was abruptly cut. Poor leadership, outdated strategies and a failure to adapt to modern retail realities led to the collapse of one of the country’s most […]
The iPhone 17 is here: The hidden costs of always chasing the newest technology
Earlier this week, Apple announced the launch of the iPhone 17, continuing its annual tradition of unveiling a new model each fall. For millions of Canadians, that familiar announcement comes with a familiar, if somewhat redundant, question: should I upgrade to the latest model, or stick with my current device? The previous iPhone generation, the […]
Inclusive employers show how hiring people with disabilities pays off
A small café steps from the Beaches boardwalk is stirring up more than coffee. Judy’s Beach Café — a new social enterprise that trains and employs adults with intellectual and developmental disabilities — officially opens Sept. 1, giving local residents not just sandwiches and smoothies, but also a chance to see inclusion in action. The […]
I’m 65, tired of working and have very little savings — is it possible to live off CPP alone? Yes, but you’ll need to make these 3 big sacrifices
If you plan on retiring and rely primarily on the Canada Pension Plan (CPP) you may have heard you will end up being perpetually cash-strapped. So, does that mean you should stay at your job? Learn to survive on noodles? Or work more to build up savings? To help you decide, you first need to […]
Simons steps into Eaton’s shoes as Canadian department store legacy gets a second act
Hudson’s Bay has shuttered stores and Nordstrom has exited the Canadian market. Meanwhile, one family-run brand is moving in. Quebec-based La Maison Simons is set to expand into some of the most coveted department store real estate in the country, reviving a model many had written off. By late 2025, Simons will open a flagship […]
Locked out of opportunity: 59% of new Canadians say credit barriers are holding back their future
According to a new TD Bank survey, 59% of new Canadians who have applied for credit believe they would have a better living experience if they had improved access, and 79% say it’s difficult to build credit history in Canada. The poll focused on people who have arrived within the past five years, a period […]
Three-quarters of Canadian business leaders are investing at least as much as their American competitors
Despite a challenging economic climate, Canadian business leaders remain bullish on investment, even outpacing their U.S. and global peers in some areas. But that optimism is tempered by a warning: Without urgent policy action, Canada risks falling behind where it matters most, productivity-enhancing technology. A new KPMG survey finds that three-quarters of Canadian executives say […]
Cheers to that: Ontario is slashing booze taxes just in time for the August long weekend
Whether you’re sipping gin on the dock, cracking open a craft brew at a backyard BBQ or stocking up on coolers for the long weekend, Ontario has something to cheers to on August 1 that could give both your wallet — and the provincial economy — a boost. How did we get here? A budget […]
When grief meets taxes: The $660,000 mistake you don’t want your family to make
Ashley Galea never imagined that losing both parents in the same year would bring not just grief, but also a six-figure tax bill that swallowed nearly all of their retirement savings. “It made me more angry than anything,” Galea told CTV News. “We lost both our parents inside 11 months and (the Canada Revenue Agency) […]